Magnetic FAAC Salaries by 100+ Employees (Updated 2024)

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Production, Manufacturing & Engineering Quality Assurance Procurement & Supply Chain Research & Development + 4 more

Designation	Avg Annual Salary	Open Jobs
Business Development Executive 1 - 3 years exp. (5 salaries)	₹3 L/yr - ₹3 L/yr
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Procurement Executive 1 - 12 years exp. (5 salaries)	₹2.1 L/yr - ₹4 L/yr
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Senior Design Engineer 6 - 9 years exp. (5 salaries)	₹7 L/yr - ₹7.5 L/yr
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Head Operations 21 - 27 years exp. (4 salaries)	₹18 L/yr - ₹25.5 L/yr
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Executive Accountant 1 - 10 years exp. (4 salaries)	₹3.9 L/yr - ₹5 L/yr
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Regional Sales Manager North 6 - 12 years exp. (4 salaries)	₹10 L/yr - ₹13 L/yr
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QA Engineer 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr
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Deputy Manager 13 - 15 years exp. (3 salaries)	₹12 L/yr - ₹13.1 L/yr
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Senior Engineer 7 - 9 years exp. (3 salaries)	₹5 L/yr - ₹7.6 L/yr
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Assistant Manager Customer Support 6 - 10 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr
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Executive Quality Assurance 2 - 4 years exp. (3 salaries)	₹1.3 L/yr - ₹2.3 L/yr
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Senior Production Engineer 10 - 12 years exp. (3 salaries)	₹5 L/yr - ₹6.4 L/yr
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Store Executive 6 - 7 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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Design Engineer 4 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Assistant Store Manager 23 - 24 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Account Assistant 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Senior Service Engineer 7 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Production Supervisor 6 - 10 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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Head of Production 19 - 20 years exp. (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
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Service Engineer 2 - 6 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magnetic FAAC Salary FAQs

How much does Magnetic FAAC pay per year?

The average Magnetic FAAC salary ranges from approximately ₹2.7 Lakhs to ₹3.5 Lakhs per year for a Business Development Executive and ₹7 Lakhs to ₹7.5 Lakhs per year for a Senior Design Engineer. Salary estimates are based on 101 Magnetic FAAC salaries received from various employees of Magnetic FAAC. Magnetic FAAC employees rate the overall salary and benefits package 3.8/5 stars.

What is the highest salary in Magnetic FAAC?

The highest-paying job at Magnetic FAAC is a Senior Design Engineer with a salary of ₹7 Lakhs to ₹7.5 Lakhs per year. The top 10% of employees earn more than ₹18 lakhs per year. The top 1% earn more than a whopping ₹42 lakhs per year.

What is the minimum salary in Magnetic FAAC?

Minimum salary at Magnetic FAAC depends on the role you are applying for. For Business Development Executive the minimum salary is ₹2.7 Lakhs to ₹3.5 Lakhs per year, and for Procurement Executive the minimum salary is ₹2.1 Lakhs to ₹4 Lakhs per year and so on.

What is the notice period at Magnetic FAAC?

According to AmbitionBox, 55% of the Magnetic FAAC employees reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 56 responses on AmbitionBox in last 2 years.

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Magnetic FAAC Salaries by Location

Magnetic FAAC Salaries by Department

Average annual salary in Magnetic FAAC is INR . Salary estimates are based on 101 Magnetic FAAC latest salaries received from various employees of Magnetic FAAC.